Mr. attack,
From you previous posts-
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" ..and up roughly up 8700% this year..."
"...You want me to post the 5000 trades I made this year, I'll see what I can do, I will post my most profitable stocks, UBID ipo, MKTW ipo, PRGY, VERT, ABOV, this is where I made a bulk of money. Once again a reminder I started with very little money..."
"...UBID for example, I got shares of the IPO allocated to me at 15 bucks and the sucker ran to 180, I sold at 173. Only in America..."
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That Ubid trade was quite a good one; way to go. You realize, of course, that Ubid IPO'd in 1998, and hasn't traded above 140 since before 1/1/99. Thus the trade you made wasn't this year at all, and couldn't have contributed to your 8700% return this year.
Let's assume, just for fun, that the Ubid trade was your only one in 1998, and, since you started with peanuts, that it was for 100 shares. You would have made $15,800 on it. So you (theoretically) would have started 1999 with $15,800 or so, which, at your very impressive rate of return, has now turned into roughly $1,374,600. Of course, if you had made any other profits from trading in 1998, this number would be (and I guess probably is) much higher. That's a lot of dough. My hat is off to you. Let me know if my assumptions are incorrect. I know you can be trusted and wouldn't mislead anyone.
IJ |
